January 28, 2020

Automotive Damper Market - Competitive Dynamics, Trends, Forecast 2027

Automotive Damper Market - Introduction

Automotive damper is a mechanical or hydraulic device designed to absorb shock by converting kinetic energy of the shock into another form of energy, which is then dissipated through hydraulic fluid. Dampers for vehicles play an important role while driving during ride handling and are utilized in various parts of a vehicle. They control unwanted spring motion through a process known as dampening. Automotive dampers perform the function with a piston, which moves inside a sealed, oil-filled cylinder during the up-and-down movement of the wheel.

Automotive Damper Market- Competitive Landscape

  • In September 2017, Tenneco Inc. showcased a full range of coil spring cabin dampers, air spring cabin dampers, and lateral cabin dampers. The company introduced coil spring over shock (CSOS) and air spring over shock (ASOS) cabin suspensions that varies with mass-spring systems natural frequency to offer optimized robustness and comfort.

Tenneco Inc.

Established in 1930, Tenneco Inc., is based in Lake Forest, Illinois, U.S. It is a leading manufacturer of clean air and ride performance products and systems for the automotive industry across the globe. The company invests 5% of its annual sales in R&D activities.

Magneti Marelli S.p.A

Founded in 1919, Magneti Marelli S.p.A has its headquarters in Milan, Italy. It is an international company that supplies high tech components to all the leading car makers in Europe, North and Latin America, and Asia. Magneti Marelli S.p.A operates through over 89 production facilities and 45 research and development centers (including joint ventures) and has a presence in 19 countries and supplies to all the major OEMs across the globe.

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ZF Friedrichshafen Ag

Established in 1995, ZF Friedrichshafen Ag has its headquarters in Friedrichshafen, Germany. ZF Friedrichshafen Ag is a top tier company that provides chassis technology, active & passive technology, and driveline. The company invests about 6% of its sales in R&D, ensuring a strong focus on the design and engineering of innovative technologies. It operates in approximately 230 locations spread across 40 countries.

Automotive Damper Market Dynamics

Enhanced driving comfort and dynamics driving demand for automotive dampers

Increased daily commute distances due to expanding cities globally and the desire to ride smoothly to minimize the jerks on rough surfaced roads are expected to propel the demand for automotive dampers during the forecast period. Progress and expansion in the field of improved ride handling, vehicle cornering stability, and turn off response are expected to boost the automotive damper market during the forecast period. Dampers make driving more comfortable as they reduce the jerks experienced on unsurfaced roads. Rising adoption of dampers in vehicles is primarily due to increasing concerns and awareness about road safety while navigating unsurfaced or bumpy roads.

Provides permanent adjustment in suspension and reduces jerk

Potholes and bumpy roads create challenges for vehicles in terms of comfort and ride safety. Moreover, driving and dynamics of the vehicle gets disturbed while changing the lane in conjunction with jerks. Unwanted vibration experienced by the vehicle decreases riding comfort and stability. Automotive dampers improve stability and safety on uneven roads and thus make the ride more comfortable. This is anticipated to boost the demand for automotive dampers.

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